SAN FRANCISCO, CA, May 27, 2022 – Autodesk, Inc. reported financial results for the first quarter of fiscal 2023. This quarter’s revenue stood at $1,170M, 3.4% down compared to $1,211.6M of fourth quarter of fiscal 2022, with a profit of $146M.
Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)
Comparative analysis based on Autodesk’s financial results in the last 12 quarters (Result source Autodesk website)
“Autodesk’s strong Q1 results reflect the company’s steady execution, industry leading products and platforms, and resilience through elevated times of uncertainty,” said Andrew Anagnost, Autodesk president and CEO. “Our unique ability to connect workflows within and between the industries we serve cements the important role we play in our customers’ digital transformation journeys, and increases our confidence in our strategy.”
“Broad-based strength across products and regions, a strong competitive performance, and continued cost discipline delivered robust revenue growth, margin expansion, and free cash flow generation,” said Debbie Clifford, Autodesk CFO. “We exited the first quarter with strong momentum, save for Russia and currency movements during the quarter, for which we’ve adjusted our outlook.”
A complete chart of the financial results is available here.
About Autodesk
Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with their software. Autodesk gives you the power to make anything.
For more information, visit autodesk.com.
